CHARrrY NUMBER 1202139
READING YOUTH ORCHESTRA
TRUSTEES, REPORT AND AccouNTS
FOR THE YEAR ENDED 31 JULY 2025
UNAUDITED

READING YOUTH ORCHESTRA
TRUSTEES. REPORT AND ACCOiINTS
FOR TrIE YEAR EIIDED 31 JULY 2025
CONTENTS
PAGE
Trustees. Report
Statement of TnJslees' ResFonsibilitses
Statement of Financial ActMtle$
Ba18nce Sheet
Notés to Financial SlatÈments
8-11

READING YOUTH ORCHESTRA
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JULY 2025
The Trustees submit their report together W￿th the financial stslements for Ihe year ended 31 July 2025.
The financial stalemenls compty with the Charities Act 2011. the goveming do(JJmenls and Accounting
and Reporting by Charities.. Stslement of Recommended Pracb'ce applicable to charities preparing their
accounts in accordance with the Finanaal Reporting Stsndard applicable in the UK and Republic of
Ireland {FRS 102).
OBJECTIVES AND ACTivrriES
The objects of the Orche5trd shall be=
1. To provide an inclusive, welcoming and sociable muxal environmènt for young orchestral ￿aYers.
2. To advance the musical education of young Peo￿ live in andlor all8nd sch￿1 in the Reading or
surrounding areas through the provision of orchestral training and the opportunity to perform in public.
3. To further such community or musical purposes as tha Trnslees shall think fil.
ACHIEVEMENTS AND PERFORMANCE
Acros$ tho y8ar. there were bahveen 40 and 46 members. which is a good lev61 of gr￿￿h from last year
134-38 members). We provided our young ￿3yerS with tennly porf(wmance opportunities during the year:
End of lami perfomianc* in Oecember 2024. featuring a rnlxtvre of orchestral plecfrs, Garols
and pieces by soloists and small groups of students.
Held our formal SpnThJ Concert In March 2025. featuring one of Our members performlng his
own cornpositson as soloisl wilh tha orchèstra. Atongsidè this we played a mix of more
tfadilional repertoire by Beethoven and Debussy. aThJ a rarely performed piece by Bourgeois.
Invited parents and supporters to an endwof-lemi celebratlon of our students. work In July 2024,
featuring orchestral pieces plus solos and small groups from the young players.
Wo were also Invit￿ lo perfom in Reading town cenlre at the opening of the new St8tlon Hill
development, which was a great opportunity lo perfom in a different environment within the community.
Our continued relationship with the Adworth Philhamionic and Reading Symphony orchestras have
continued to open doors for several members lo play as part of hxal adult orcheslras in several of their
concerts.
We continue to build our sludenis musical knovAedge and repefloire. providing esteemed local Musicians
for coaetting and support. We seek oui works lo leam Irom both Iradrtional classical and modern film and
theatre genres, ranging from Beethoven, Debussy. Tchaikovsky and Ovorak lo muwc from the Phantom
of the Opera. Slai Wars and The Lion King.
We also maintain our ongoing relat￿shIpS ￿1h local sth(Mils Th& Abbéy and Sl Jos8ph's. thè lattfrr
providing us with our rehearsal venue for two terms, as well as making a new connectK)n with Loddon
Primary Sch￿1 which fomied our venue for the Summer term.
Behind the scenes. the rollotjl of our new Google Wofkspace It>)k place in September, providing us with
more fomial email accounts and belier slorage. allowing lor more e￿i￿en1 and smoolheT operations and
communication with members.
Page 1

READING YOUTH ORCHESTRA
TRUSTEES. REPORT
Foft THE YEAR ENDED 31 JULY 2025
FUTURE PLANS
This coming year will feature end of terrn performances for parents in the Autumn and Summer, and OL*r
fonnal Spring Concert planned for March 2026. We are continuing with our successful format of inviting
orchestra members lo form small ensembles for the Autumn and Summer perfo{man￿s, and are looking
into how we can support Iheir rehearsal process further. We are in conversations with another local
school about a joint concert with them. which wiwkl celebrate the music of a RYO alumnus.
Vve will continue lo organise social events throughoul Ihe year. and hav8 eslablished a Social Committee
as a suwroup of the main committee lor this puwe. including representslion from our young
members.
PUBLIC BENEFIT
The Trustees have considered the guidance noles provKled by Ihe Charity Commission on "Charities and
Publlc Benefit" when decidlng on the activities for Ihg year. In assisting d8velop both the musical talent
and self-confidencé of young people. the Charity hopes to improve their Sives and their contribution lo
Reading s¢xiely.
RISKS
The Trustees ar8 continuing lo revtew the major ri$k$ lo which the Charity is exposed 8nd u)nsider
system5 to mrtigale those risks
Page 2

READING YOUTH ORCHESTRA
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
RESERVES POUCY
In the development period of the Charity reserves must be held to ensure that sufficient funds are
available lo commit lo the hire of rehearsal venue space costs as well 8s being able to meet any shortfall
in the event that a concert performance fails to attract sufficient ticket sales. The Trustees are aware that
Signif￿nt inflats.on will erode these reseNes. and as the orchestra grows. the demands for larger space
lo operate should increase the level of reserves pul aside lo manage the Charity in a responsible and
re$ilient way. The Trustees consider a reserve level of up lo £25,0￿ appropriate at the cu￿ent b'me. Our
reserves at the balance sheet dale of £23,414 go a long way towards achieving the £25,000 tsrget level
previously sel by the Truslees.
FINANCIAL REVIEW
ncom& for the year lotalled £12,16412024.-£10.76D. Our conc6rt made a small surplus of approximal8ly
£270 f2024.'surplus £380). Although membership subscriptions rose slightly, Ihis was more than offset by
increasgd venue hiro Costs resulting In a slightly lower surplus Ihan last year. The funds available
incroasod from £17.789 10 £23,414.
INVESTMENT POUCY
Thé Charily holds insufficient reserves lo hold them in any other fom than cash. Short lemi surplus cash
is pla￿4 in an inlere$l-bearing deposit account.
STRUCTURE, GOVERNANCE AND MANAGEMENT
R&ading Youth Orcheslra can trace ils rcx)ts back lo b8loTe the énd of the war in 1944. The Orchestra
was registered as a Charitable Incorporated Organisation with Ihg Charity Commission on 2 March 2023
with Charity number 1202139.
The current conslilulion was amended by EGM special resdution dateo 6 April 2022.
Reference and administrativ• détails
The operations of Ihe Charity are directed from the fouthving address:.
27 Gipsy Lane
Wokingham
Berkshire
RG40 28N
Page 3

READING YOUTH ORCHESTRA
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
Trustees
The TnJslees who have served during the year were as follows:
Melanie Le 8reuilly
Becky Stewardson
Alasiair Lyon
Naiacha ChÈnchéry
Agnieszka Debicka
Pippa Moore
julia Pantea
Abi Saxlon
Chair
Secretsry
Treasurer
Committee member
Committee member
Cornmittee member
Cornmittee member
P￿YIng member of the Oreheslra lappoinled 22 Sept 2024)
From time lo bme. TNslees are invited to join the board based on their paswon for the Charity's activities
and the skills they can bring lo slrengthen the skills of the tM)ard. New Truslees ar8 inducted Ihrough a
mix of briefings on the Wofkings of Ihe Charity and guidance dccuments provKled by Ihe Charity
Commisslon.
BANKING ARRANGEMENTS
The Orchestra opwales a current account and business Instant acco$s doposit ac¢ounl: both accounts
are held al Bardays Bank plc.
Signed on behail of Trusl80s.'
Qskn
Becky Slewardson
Trustee and Sec￿tsry
Date.. 28
September 2025
Page 4

READING YOUTH ORCHESTRA
TRUSTEES. RESPONSIBILMES
FOR THE YEAR ENDED 31 JULY 2025
The Trustees are responsible for preparing the Trustees, Report and the financial slalements in
accordance with applicable law arKI regulalions. Charity law requires the Tnjslees lo prepare financial
statements for each financial year in accordance with United Kingdom Generally Accepted Accounting
Pracliee (United Kingdom Accounting Standards) and 8pplicable law. Under Charity law the Trustees
rnusl not approve the finaficial statements unless they are satisfied that they give a true and fair view of
the stale of affairs ol the Charity and of its net incnming resources for that period. In preparing these
flnancial statements, the Trustees are required lo:
ensu￿ that the most suitatrAe accounling policies are eslablished and applied consistenuy:
make iudg8ments and eslimales whith are reasonabte and prudent.,
slate whether the applicable accounting slantjards and slatemenl ol reCOmm￿ded accounting
practice have been followed. subiecl lo any material departures disclosed aryj explained in the
financial statements," and
Prepare the financial slatemenls on a going concem. basi5 unless it Is Inappropriate to presum8
Ihal Ihe Charity will continue in operation.
The Trustees have overall responsibility for ensuring that the Charty has approprsate systems and
controls, financial and otherwise. They are also ￿spOn￿ble for kèèping proper acwunling Trcords which
disclose with reasonable accuracy at any lime the financial position of the Charity and enable them lo
ensure that the financial slalemenls comply with the 2011 Charitie$ Act. They are also rèsponsible for
safeguarding the assets ol the Charity and lor their proper applicab.on as required by Charity law, and
hence for laking reasonable steps for the prevenbon arKI detecllon ol fraud and other irregltlarilles and lo
provide reasonable assurance Ihal..
th6 Charlly 1$ operabng efficiendy and effeclivety..
all assets are safeguarded against unaulhorised use or disposition and are properfy applied,.
proper records are maintained and financial inf0m￿li0n used vrithin the Charity, or for publication,
1$ reliable..
the Char51y complles with relevant laws and regulatlons.
The Trustees who sgrved during the year and up to Ihe date of thls reF*JI are sel out on page 4.
Page 5

READING YOUTH ORCHESTRA
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENOED 31 JULY 2025
2025
2024
INCOME
Donations received
Memberships and ticket sales
Music hire and other Income
Bank inl&rest received
1,6T5
8.547
356
10.582
EXPENDITURE
Rohearsals and concerts
Memberships. insurance and administralion
5,869
245
4.225
419
Other Costs
NET INCOMING RESOURCES
Nel movement in lunds
S.625
5,809
Balance broughl foThvard al 1 Augus12024
Balance carried lorward al 31 July 202S
AN funds were unrestdeted In the currenl and preceding year
Tho r￿leS on pages 8 to 11 form part of those financsal statements.
Page 6

READING YOUTH ORCHESTRA
BALANCE SHEET
31 JULY 2025
Notes
2025
2024
CURRENT ASSETS
Debtors
Cash al bank and in hand
23,414
17,789
CREDITORS.. Amounts falling due wrthin one year
Creditors
TOTAL NET ASSETS
414
ACCUMULATED FUNDS
Unrestricted
Designated
TOTAL FUNDS
22,414
16,789
Approv6d and aulhonsed for Issue by the Trustees on 28 September 2025
and signed on their behalf by..
M. LL81
MELANE LE BREUILLY
C+wiR
ALAsT￿R LYON
TAEASURER
The noles on pages 8 10 11 forn part ol lI￿Se financial slatements.
Page 7

READING YOUTH ORCHESTRA
NOTES To THE AccouNTS
FOR THE YEAR Etr4DED 31 JULY 2025
CHARITY INFORMATION
The principal activity of the enkn'ty is the operatM)n of Reading Yo*Jlh Orchestra. The Orchestrn 1$
registered with the Charity Commission England arKI Wal&s. The principal address of the entity is
27 Gipsy Lane. Wokingham. Berkshire. RG40 2BN.
ACCOUNTING POLICIES
Basis of A¢countln9
Th8 aecounls have been prepared in accordance with tha Charitses SORP {FRS102I applicabl8
to chanties preparing their accounts In accordance with the Financial Reporting Standards
applicable in the UK and Republic of Ireland and thé Chanlw Act 2011 and UK Generally
Acc8pled Practice as il applies from 1 January 2019.
The aceounls have been prepared lo give a 'tfU• and fair. view and have departod from the
Charities (Accounts and Reports) Regulation5 2008 onty to the extent required to provlde a 'lTue
and fair vlew . This departure has involved following Accounting and Reporting by Ch8ri118$
preparing their account5 in accordance with the Financial Reporiing Standard applicable in the
UK and Republic of Ireland IFRS102).
Reading Youth Orchestra meets Ihe definilw)n of a public benefft entsty under FRS 102. Assets
and Ilabilili6s are initially recognised at hislorical cosl or transaction value unless olherwlse Staled
in Ihe relevanl accounting pollcy note.
The Trustees have considéred Ihe oJfrenl financial reserves and anlirypaled cash flows lor the
coming year and believe it appropriate lo adopl the 90ing concem ba515 of accounting in
preparing the finandal statements
Crttl¢al 8¢cotsntlng Judg•m•nts and key sour￿¥ of •$tlmatlon unc•rtalnty
In th8 appll¢ation of lh8 Charty's aCC￿ntIng Fdiufrs. whlch ar6 described In note 28, Trustees
are required to make judgements, eslimales and assumptions about the carrying value of assets
and liabilities that a￿ not readily apparenl from other sources. The estimation and undedying
assumptions a￿ based on historical expen'enc8 and other factors ihal are considered to b6
relevant. Actual re8vlis may differ from these eslimales.
The estimates and underlying assumptions aTr reviewed on an on-going basis. Revisions to
accounting eslimales are recognised in Ihe penc*J in which the estsmale is revised if the revision
affécls only that peficrtj. or in Ihe period ol revis￿Th and future periods rf the revision affects Ihe
¢urrenl and lulure periods.
In the view of the Trustees. no assumplions conceming the fulure or estimation uncertainly
affectin9 the assets and liabilities al the balance sheet date are likely lo result in a m8tenal
adjuslmenl to Iheir carrying amounts in the next financial year.
Page 8

READING YOUTH ORCHESTRA
NOTES To THE AccouNTS IcoNTr4UEDI
FOR THE YEAR ENDED 31 JULY 2025
ACCOUNTING POLICIES {¢ontinued)
Flnanclal Instruments
The Charty only has financial assets and finanaal liabililies of a kind that qualsfy as basic
financial Instruments. Bas￿ finanaal instruJnents are initially recognised at transaction value and
subsequenlly measured at their settlement value.
dl
Income
All incoming resources are induded in lh8 statement of financial aclivrties ￿en the entity is
enliued to the income, receipt is probable. and the amount can be quantified wsth reasonable
accuracy.
Donated setvices and la￿litieS ar& induded at the valu8 lo the Charity where this can be
quanlified.Giftsry4nthlnd have been induded al martel value. The value of Serv￿ ol vdunleers
has nol been included in Ihese accounts.
Exp•ndltur•
R8sources expended aro accounted for on an a¢truals ba$i$.
Value Added Tax
The Charity is Pre¢￿ded fr¢)m registering for VAT as its adivits'es are exfrmpl under legI￿atIon.
Expenditure is slate¢J indusive of VAT.
D•btors
Debtors are r¢cognised at the setuemenl amount due. Pfepaymenls are valued al the amount
prepaid.
h)
Cr•dltord and provlslons
Cradilors and provisions a￿ reo)gnised when the Charity has a present obligation resulllng from
a past event that wlll probably result in the transfer of funds lo a thlrd paty and the amount due lo
settle Ihe obligation can be mèasured or eslimaled reliably.
Page 9

READING YOUTH ORCHESTRA
NOTES To THE A¢couNTS {UJMThUEDI
FOR THE YEAR ENDED 31 JULY 2025
ACCOUNTING POLICIES (continued)
Cash and cash equlvalents
Cash is represented by cash in hand and deposits wilh financial institutions repayable withoul
penalty on notice of not more than 24 hours. Cash equivalents are highty liquid investments that
mature in no mor& than three months Irom the dale of acquisilton and Ihal are readily convertible
lo known amounts of cash with insignificant risk of change in value
Taxation
HM Revenue & Customs has agreed that th8 enlity is èntitled lo ex6mption from income tax.
being established for charitable purposes onty. Accordingly, no tax liability arises on any surplus
derived from the entsty's actNitses.
ACCUMULATED FUNDS
The fijnd and its incom8 and expenditure aro unre$trictèd wthin Ihe boundaries of the oblectlv8S
as shown in the Truslek. Re[￿.
The Trustees have eslablished a desqnaled fund of £1.OCw) to support students develop their
musical lalenl, or provide musical OPF*ylunil* whi¢h Ihoy may not olherwisa ba able lo afford.
TRUSTEES, REMUNERATION
No TnJstees received any remuneration for Serv￿ as a Irustee during the year12024'. nonal.
One truste6 was paid É2,OCQ (2024.. £1.2001 for her role as afts'slic diredor and condu¢lor lo tha
orchestra. This payment was aLth(x¢sed in accordance wrth Str￿ rul8s associaled with such
payments sel out in accordance within the consliluting documenis.
Donations, induding related Grft Aid, re¢eived from Trustees lolalled £nil12023.' £nl4
CREDrroRS
2025
2024
Accrued costs
FINANCIAL INSTRUMENTS
2025
2024
Financial assets measured at amorti%d cost
Financial liabilities measured al amoTbsed cost
23,414
17.789
Financial liatslities measured al amortised cost compn5e other credilofs and accruals.
Page 10

READING YOUTH ORCHESTRA
NOTES To THE AccouNTS {CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
ANALYSIS OF ASSETS AND LIABILMES BEfwEEN FUNDS
Fund balances at 31 Juty 2025 are represented by .
Unre$trlct8d
Doslgnated
Cash al bank
Other current assets
22.414
1,000
Fund balances 8t 31 July 2024 8rg represented by..
Unrnstncled
Design81ed
Cash al bank
Other current assets
16,789
1,000
Page 11